Author Archives: Paul Ausick

Follow Paul here:
Google+

Rite Aid, DryShips Stumble into Monday’s 52-Week Low Club

April 24, 2017: Here are four stocks trading with relatively heavy volume among 57 equities making new 52-week lows in Monday's session. On the NYSE, advancers led decliners by more ...
Read Full Story »

JPMorgan, Goldman Sachs Drive DJIA Higher Monday

April 24, 2017: Markets opened higher Monday following a first round of voting in France that appears at least to maintain both the EU and the currency union. The financial ...
Read Full Story »

Retailers on Record Bankruptcy Pace: S&P

The economic situation for U.S. retailers has gotten so bad that analysts have added a new word to an investor's vocabulary: over-stored. That means just what it implies: there are ...
Read Full Story »

Gas Price Sees Weekly Rise, Pace Slowing

The price of gasoline on Monday morning was higher by a single penny a gallon compared with last week's national average pump price for regular gasoline. Compared with the same ...
Read Full Story »

Ocean and Great Lakes Economy Grows Faster Than US Total

The U.S. ocean and Great Lakes economy is growing faster than the total U.S. economy both in terms of new jobs and in contribution to gross domestic product (GDP). According ...
Read Full Story »

Q1 Mortgage Fraud Risk Up 8%; Youngstown, Ohio Rises Most

The national mortgage application fraud risk index rose from 122 in the fourth quarter of 2016 to 132 in the first quarter of 2017, according to researchers at CoreLogic, a ...
Read Full Story »

Why Panera Is Boosting Delivery Effort Ahead of Acquisition

With a $7.5 billion acquisition pending, Panera Bread Co. (NASDAQ: PNRA) said Monday morning that it will go ahead with plans to boost its delivery service by 35% to 40% ...
Read Full Story »

Should Boeing Worry as China Preps Jetliner for First Flight?

Commercial Aircraft Corporation of China, better known as Comac, on Sunday completed the final ground test of the country's first big commercial passenger jet, the C919. Its first flight test ...
Read Full Story »

How Halliburton Hopped Over a Much Lowered Bar

Halliburton Co. (NYSE: HAL) reported first-quarter 2017 results before markets opened on Monday. The oil and gas services company posted adjusted diluted earnings per share (EPS) of $0.04 on revenues of ...
Read Full Story »

Marijuana News Roundup: Legal Pot Could Save $1 Billion in Medicaid Expenses

If all 50 states and the District of Columbia had legalized medical marijuana in 2014, the savings in fee-for-service Medicaid would have totaled $1.01 billion. According to research published last ...
Read Full Story »

IPOs This Week: Cloudera, Carvana Among 8 Offerings on Tap

Just one initial public offering (IPO) made it out the door in the past week, but there are a whopping eight on the calendar for the coming week. If all ...
Read Full Story »

Selling Your Home? Pay Attention to Comps

When preparing to sell a home you might have lived in for years and that you've adapted to fit your own tastes and needs, it's only natural to think that ...
Read Full Story »

Apple Remains the DJIA’s Best Performing Stock of 2017

Shares of Apple Inc. (NASDAQ: AAPL) added $1.42 last week (about 0.9%), closing at $142.27 on Friday. The company remains the best-performing stock by a wide margin among the 30 ...
Read Full Story »

Verizon Returns as DJIA’s Worst Performing Stock for 2017

Verizon Communications Inc. (NYSE: VZ) last week reclaimed its status as the worst-performing stock among the 30 equities included in the Dow Jones Industrial Average. The telecom giant had ceded ...
Read Full Story »

Rules of Appreciation: Why Small Homes Pay Off Big-Time

Whether we admit it or not, when we set out to buy a home one of the things most of us think about is how much the home's value will ...
Read Full Story »